PhRMA sets up shop in the UAE

Trade group and industry lobbying arm PhRMA is setting up shop in Dubai. The group announced Tuesday that the new offices will serve as a regional outpost for the Middle East and Africa and will be housed in DuBiotech, a life sciences cluster created in 2005 as part of an initiative to bring technology and science research into the area.

DuBiotech's website notes that it “offers a unique business environment through a mixture of incentives such as advanced infrastructure, support services, freedom of capital movement, tax-free income and easy access to different markets.”